STELLAR VOICE CAST IN FIRST ANIMATED CONAN MOVIE

Ron Perlman, Marg Helgenberger and James Marsden are three of the voices in the upcoming animated full-length movie ”Conan: Red Nails”, with a planned direct-to-dvd release in summer 2006.

Ron Perlman is Conan of Cimmeria, the most famous barbarian in all of fantasy literature.

Perlman, the star of the Hellboy live-action franchise, provides the voice of Conan for Conan: Red Nails, the very first animated film featuring the enduringly popular character. Marg Helgenberger, the star of CSI, and James Marsden, best known as Cyclops from the X-Men films, round out a stellar voice cast that also includes Clancy Brown, Cree Summer and the legendary Mark Hamill.

The movie is based on one of Robert E. Howard’s most famous stories. Howard, who created the character in 1932, was one of the great pulp authors of the day and this adaptation of Red Nails is a sprawling epic, displaying all the lush pageantry of Conan’s “Hyborian” world, while still remaining engaging, fresh, and accessible to modern audiences. As the film opens, Conan and the sexy pirate Valeria, survive battles across harsh desert and trackless jungle only to confront the mystery and horror of a fabulous lost city. Embroiled in a feud between the city’s factions, Conan must triumph over dragons, demons, and hordes of magical foes to end the war and win Valeria’s affection.

“Being the first full-length animated movie about Conan, we see this as a critical production in our quest to bring the barbarian to new audiences. With an exciting script, beautiful animation and a stellar cast, we look forward to its release with tremendous anticipation.” said Fredrik Malmberg, Head of Licensing and Creative Affairs at Paradox Entertainment.

Conan: Red Nails is being directed by respected animation veteran Victor Dal Chele, whose credits include “Spider-Man” and “Ghostbusters”. The screenplay is by Steve Gold and Timothy Dolan with Gold and Jonathan Bogner producing. Executive producers are David R. Schwarcz and Patricia Gillum of Swordplay Entertainment along with Peter Sederowsky and Fredrik Malmberg of Paradox Entertainment. Nicholas Temple is the film’s co-executive producer.

Conan Properties International is a wholly owned subsidiary to Paradox Entertainment AB.

For more information:

Peter Sederowsky, Chairman

Ph: +1 (323) 655-1703, Cell: +1 (310) 409-6948

E-mail: peter.sederowsky@paradox-entertainment.com

Joakim Zetterberg, Communications/Investor Relations

Ph: +1 (323) 655-1708, Cell: +1 (310) 623-2918

E-mail: joakim.zetterberg@paradox-entertainment.com

Paradox Entertainment AB

Paradox Entertainment AB owns, develops and licenses over one hundred, mainly character-based, properties, among them Conan® and Mutant Chronicles®. Industries exploiting the company property portfolio include film, TV, book, comics, videogame, Internet/mobile/wireless, toys, apparel, and more. The business is mainly conducted through the wholly owned subsidiary Paradox Entertainment Inc., based in Los Angeles, USA. Paradox Entertainment AB is traded through Nordic OTC in Sweden (PDXE OTC, SE0000598054).

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